Plastic Bags and Sacks Market Size, Trends, Analysis, and Outlook By Material (Non-Biodegradable, Biodegradable), By Product (T-shirt Bags, Trash Bags, Rubble Sacks, Woven Sacks, Others), By Application (Retail & Consumer Applications, Institutional Servi

Plastic Bags and Sacks Market Size, Trends, Analysis, and Outlook By Material (Non-Biodegradable, Biodegradable), By Product (T-shirt Bags, Trash Bags, Rubble Sacks, Woven Sacks, Others), By Application (Retail & Consumer Applications, Institutional Services, Industrial Applications), by Country, Segment, and Companies, 2024-2030

The global Plastic Bags and Sacks market size is poised to register a 5.3% growth from $27.3 Billion in 2024 to 37.2 Billion in 2030, presenting significant growth prospects for companies operating in the industry. The Plastic Bags and Sacks market study analyzes the study across By Material (Non-Biodegradable, Biodegradable), By Product (T-shirt Bags, Trash Bags, Rubble Sacks, Woven Sacks, Others), By Application (Retail & Consumer Applications, Institutional Services, Industrial Applications).

The Plastic Bags and Sacks Market is expanding due to their widespread use in retail, packaging, and household applications. Plastic bags and sacks are lightweight, durable, and cost-effective, making them popular for various uses. Key drivers for market growth include increasing demand for convenient and disposable packaging solutions, advancements in plastic materials, and the growing retail sector. However, challenges such as environmental concerns, regulatory restrictions on single-use plastics, and competition from alternative packaging solutions could impact market growth. Companies are focusing on developing biodegradable and recyclable plastic bags, enhancing product quality, and adopting sustainable practices to address these challenges and capture growth opportunities.

Plastic Bags and Sacks Market Drivers, Trends, Opportunities, and Growth Opportunities

This comprehensive study delves into the latest trends and pressing challenges for industry players and investors. The Plastic Bags and Sacks market research analyzes global market trends, key drivers, challenges, and opportunities. The "Future of Plastic Bags and Sacks" survey report provides a market size outlook across types, applications, and other segments worldwide and by region. It offers data-driven insights and actionable recommendations for companies in the Plastic Bags and Sacks industry.

Key market trends defining the global Plastic Bags and Sacks demand in 2024 and Beyond

The industry remains an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play major roles.

Plastic Bags and Sacks Market Segmentation- Industry Share, Market Size, and Outlook to 2030

The Plastic Bags and Sacks industry comprises a wide range of segments and sub-segments. Rising demand for these product types and applications supports increased investments in niche segments. Leading companies plan to generate a large share of their future revenue growth from expanding into these niche segments. The report presents a market size outlook across segments, supporting Plastic Bags and Sacks companies scaling up production in these sub-segments with a focus on emerging countries.

Key strategies adopted by companies within the Plastic Bags and Sacks industry

Leading Plastic Bags and Sacks companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Additionally, companies leverage advanced technologies to unlock opportunities and achieve operational excellence. The report details the key strategies adopted by the top 10 Plastic Bags and Sacks companies.

Plastic Bags and Sacks Market Study- Strategic Analysis Review

The Plastic Bags and Sacks market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions. This includes:

• Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
• Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
• Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
• Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Plastic Bags and Sacks Market Size Outlook- Historic and Forecast Revenue in Three Cases

The Plastic Bags and Sacks industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three scenarios: low case, reference case, and high case.

Plastic Bags and Sacks Country Analysis and Revenue Outlook to 2030

The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2030. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2030.

North America Plastic Bags and Sacks Market Size Outlook- Companies plan for focused investments in a changing environment

The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Plastic Bags and Sacks market segments. Similarly, strong market demand encourages Canadian Plastic Bags and Sacks companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.

Europe Plastic Bags and Sacks Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities

The German industry remains the major market for companies in the European Plastic Bags and Sacks industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Plastic Bags and Sacks market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Plastic Bags and Sacks Market Size Outlook- an attractive hub for opportunities for both local and global companies

The increasing prevalence of indications, robust consumption expenditure, and increasing investments in infrastructure drive the demand for Plastic Bags and Sacks in Asia Pacific. In particular, China, India, and South East Asian Plastic Bags and Sacks markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.

Latin America Plastic Bags and Sacks Market Size Outlook- Continued urbanization and rising income levels

Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Plastic Bags and Sacks Market Size Outlook- continues its upward trajectory across segments

Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Plastic Bags and Sacks market potential. Fueled by increasing consumption expenditure of individuals, growing population, and high prevalence across a few markets drives the demand for Plastic Bags and Sacks.

Plastic Bags and Sacks Market Company Profiles

The global Plastic Bags and Sacks market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are Alfa Poly Plast LLP, Amcor plc, ARIHANT PACKAGING CO., Berry Global Inc, Bischof + Klein SE & Co. KG, Fujian Yangqiang Plastic Products Co. Ltd, Goglio S.p.A., Inteplast Group, Kanpur Plastipack Ltd, Knack Packaging Pvt. Ltd, Leadpacks (Xiamen) Environmental Protection Packing Co. Ltd, Mondi Plc, Novolex Holdings LLC, Packman Packaging Private Ltd, ProAmpac Holdings Inc, Schur Flexibles Group, Smurfit Kappa Group plc, Starlinger & Co Gesellschaft m.b.H., The Buckeye Bag Company, VAVA PACK CO. Ltd.

Recent Plastic Bags and Sacks Market Developments

The global Plastic Bags and Sacks market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Plastic Bags and Sacks Market Report Scope

Parameters: Revenue, Volume Price

Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)

Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)

Qualitative Analysis

• Pricing Analysis
• Value Chain Analysis
• SWOT Profile
• Market Dynamics- Trends, Drivers, Challenges
• Porter’s Five Forces Analysis
• Macroeconomic Impact Analysis
• Case Scenarios- Low, Base, High

Market Segmentation:
By Material
Non-Biodegradable

• High-density polyethylene (HDPE)
• Low-density polyethylene (LDPE)
• Linear low-density polyethylene (LLDPE)
• Polypropylene (PP)
• Polystyrene (PS)
• Others

Biodegradable

• Polylactic acid (PLA)
• Polyhydroxyalkanoates (PHA)
• Polybutylene succinate (PBS)
• Starch Blends
• Others

By Product
T-shirt Bags

Trash Bags

Rubble Sacks

Woven Sacks

Others
By Application
Retail & Consumer Applications

• Grocery
• Food & Beverage
• Clothing & Apparel
• Others

Institutional Services

• Hospitality
• Healthcare
• Others

Industrial Applications

Geographical Segmentation:

• North America (3 markets)
• Europe (6 markets)
• Asia Pacific (6 markets)
• Latin America (3 markets)
• Middle East Africa (5 markets)

Companies

Alfa Poly Plast LLP

Amcor plc

ARIHANT PACKAGING CO.

Berry Global Inc

Bischof + Klein SE & Co. KG

Fujian Yangqiang Plastic Products Co. Ltd

Goglio S.p.A.

Inteplast Group

Kanpur Plastipack Ltd

Knack Packaging Pvt. Ltd

Leadpacks (Xiamen) Environmental Protection Packing Co. Ltd

Mondi Plc

Novolex Holdings LLC

Packman Packaging Private Ltd

ProAmpac Holdings Inc

Schur Flexibles Group

Smurfit Kappa Group plc

Starlinger & Co Gesellschaft m.b.H.

The Buckeye Bag Company

VAVA PACK CO. Ltd

Formats Available: Excel, PDF, and PPT